Does Social Security Need Saving?

Not if you talk to liberals today. Everything is hunky dory. But back in the day (ie, the late '90's) they sang a different tune.

"What should we do with this projected surplus. I have a simple four-word answer: Save Social Security first." - Bill Clinton, 1998 State of the Union Address

"We have a great opportunity now to take action now to avert a crisis in the Social Security system. By 2030, there will be twice as many elderly as there are today, with only two people working for every person drawing Social Security. After 2032, contributions from payroll taxes will only cover 75 cents on the dollar of current benefits. So we must act, and act now, to save Social Security." - Bill Clinton, February 1998

So....does it need saving, or does it not?